Friday, April 8, 2011

"A guide to economic data during a shutdown"

Following up on "What a Government Shutdown Means for Wall Street: Party on Dude!" here's the data scoopage from FT Alphaville:
Courtesy of Nomura’s US economics team, here’s a quick guide to the data that would and would not be disrupted by an ongoing shut-show in Washington.
This list is not exhaustive, but it does cover the main indicators. The italicised releases are those due next week.
Would not release data

Department of Labor/Bureau of Labor Statistics
  • PPI*;
  • CPI;
  • import prices;
  • initial jobless claims;
  • employment report
Commerce Department
  • Trade balance;
  • business inventories;
  • building permits/housing starts

They said the list " not exhaustive". However reading it is a bit exhausting.
Wake me if the poobahs get their congressional acts together.